St Petersburg power struggle

News-in-print

According to Andrey Kobzar, chairman of the board of Russia’s second largest seaport, St Petersburg (23.03 mill tonnes in 2002), Nasdor Anstalt, already the port’s largest shareholder with a stake of 51.06 percent, is bidding to acquire the 20.21 percent currently held by the Russian Property Ministry and thus increase its own stake to 71.27 percent.

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